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GameFly Sells Cloud Streaming Tech, Team To Electronic Arts

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Los Angeles-based game streaming provider GameFly and Electronic Arts said Tuesday that Electronic Arts has acquired GameFly's cloud-streaming technology, but that GameFly will continue to operate its games-by-mail subscription service. Financial details of the acquisition were not announced.

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LA Names Chief Innovation Technology Officer

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In a move that further bolster''s Los Angeles mayor Eric Garcetti''s reputation as LA''s "tech mayor", Garcetti has announced that he has appointed Peter Marx as the city''s first Chief Innovation Technology Officer yesterday, to help oversee the implementation of technology across LA''s city government. READ MORE>>.

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Greycroft, WndrCo Back Glow For Podcast Subscriptions

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Los Angeles-based venture investors Greycroft Partners and Jeffrey Katzenberg's WndrCo have put their backing behind a new startup that helps podcasters fund their shows via their listeners. According to Glow Technologies , it has raised $2.3M According to Glow Technologies , it has raised $2.3M

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WebVisible In Big Hiring Push In Los Angeles With New Office

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According to the firm, it is also opening a new office in Playa Vista in the Electronic Arts building, and has a significant number of positions it is hoping to fill at the location. The firm said that it is expecting to more than double its employee base this year, and is running a job fair at the organization to screen applications.

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Gaikai Bolsters Exec Lineup

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Los Angeles-based cloud-based game streaming service Gaikai has bolstered its executive staff, saying today that it has named Robert Stevenson as Senior Vice President of Interactive Entertainment, and Tim Wilson as Executive Vice President, Strategic Relationships.

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Gaikai Names Strategy Head

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Los Angeles-based Gaikai , which develops a cloud-based, game streaming services, said today that it has named Nanea Reeves to the position of Chief Strategy Officer. Reeves joins the firm from Electronic Arts, where she was Senior Vice President/COO Global Online. She also served as SVP of JAMDAT Mobile. READ MORE>>.

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Gaikai Powers Game Site

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Los Angeles-based Gaikai , the cloud-based game streaming service backed by Benchmark Capital, TriplePoint Capital, Rustic Canyon Partners, Limelight Networks and Intel Capital, said Thursday that it is powering a game site, "The Escapist". Financial impact of the win were not disclosed. READ MORE>>.